Here’s a good chart putting the global inflation story into perspective. In short, there just doesn’t appear to be much inflation anywhere. For all the worry about rising interest rates and the end to tapering, this bigger picture story doesn’t say that much has changed at all. Inflation, much like the muddling global economy, has been essentially flat for the last few years (chart via Orcam Research):
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
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